Mar 1, 2017 | EU Emissions Trading System (ETS)
01/03/2017 – In an unexpected move, the Environment Council has endorsed more ambitious EU ETS policy changes than those agreed by the European Parliament. Europe’s ETS cap in 2030 will still be out of line with the commitments the EU signed under the Paris...
Feb 27, 2017 | EU Emissions Trading System (ETS)
Where are we headed? This week, following the EU Parliament’s vote on February 15th, the EU Council will in turn confirm its preferences on reform of the EU Emissions Trading System. With so many issues to think about – LRFs, benchmarks, MSR withdrawal rates,...
Feb 21, 2017 | EU Emissions Trading System (ETS)
The idea that a transition will always have winners and losers is why the ETS was created: the market’s raison d’être was to allow those who found it hard to make emissions cuts to pay for cheaper ones elsewhere. By introducing a linear trajectory and creating...
Feb 21, 2017 | EU Emissions Trading System (ETS)
(Image used under Creative Commons License. Credit: Alexos_Fotos) Last week the European Parliament voted against carbon border tariffs for cement, while supporting increased free allocation of emission allowances. Soon-to-be-published analysis of free allocation...
Feb 15, 2017 | EU Emissions Trading System (ETS)
15th Feb, Strasbourg – Today the European Parliament voted to stop the EU Emissions Trading System from providing adequate signals for the transition to a prosperous low-carbon economy. In doing so, Europe’s emission reductions in 2030 are very likely to be out...